• Homepage
  • NEWS
  • CULTURE & TRADITION
  • POLITICS
  • SECURITY
  • SPORTS
  • ENTERTAINMENT
  • HEALTH
  • EDUCATION
  • LAW & CRIME
  • OPINION
  • RELIGION
  • CONTACT US
  • PRIVACY POLICY
  • ADVERTISE WITH US

Subscribe to Updates

Get the latest creative news from FooBar about art, design and business.

What's Hot

Ido LG Chairman, Sheriff Adeojo Commissions Motorized Borehole, Seeks Support For Makinde’s Re-election

January 19, 2023

A Dozen Reasons Makinde Deserves Second Term In Office: By Moses Alao

January 19, 2023

2023: Makinde May Attend Atiku’s Mega Rally In Ibadan Tomorrow

January 18, 2023
Facebook Twitter Instagram
Heritage Echo
  • HOME
  • NEWS
  • POLITICS
  • ENTERTAINMENT
  • SPORTS
  • SECURITY
  • LAW & CRIME
  • CULTURE & TRADITION
  • EDUCATION
  • HEALTH
  • OPINION
  • ADVERTISE WITH US
Facebook Twitter Instagram
Heritage Echo
Home»News»OMOLUABI SHOPPING PLAZA: Osun Economic Revitalization Non-negotiable, Says Oyetola
News

OMOLUABI SHOPPING PLAZA: Osun Economic Revitalization Non-negotiable, Says Oyetola

SPLASH001By SPLASH001April 15, 2021Updated:April 15, 2021No Comments5 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Share
Facebook Twitter LinkedIn Pinterest Email

The Governor of the State of Osun, Adegboyega Oyetola, on Thursday flagged off the construction of state-of-the-art multi-million Omoluabi Shopping Plaza in Osogbo.

This is even as the Governor reiterated the Administration’s commitment to ensuring quick recovery of the state’s economy by continuously investing in things capable of stimulating and reviving the State’s economy for progress, transformation and prosperity.

He said that the State under his watch would continue to witness monumental strides, particularly in the areas of infrastructure, commerce and industry, saying Osun economic revitalisation remains non-negotiable.

The proposed four blocks of 176 lockup shops when completed would serve the teeming traders and business people in the State, particularly in Osogbo, the State capital, and contribute greatly to the socioeconomic and commercial upliftment of the State.

The construction of the shopping complex would be executed and funded by the Omoluabi Holdings Limited, popularly known as Osun Investment Company Limited (OSICOL).

Addressing the people during the flag-off ceremony at Orisunbare area, Osogbo, Oyetola said the gesture was one of the significant steps that aligned with the Administration’s commitment to uplifting the business and economic prospects of the State.

He said the project would go a long way to complement the Administration’s economic recovery plans as it would come with the ripple effect of greater income generation for the beneficiaries of the project and, by implication, the citizens at large when completed.

Governor Oyetola stressed that the construction of the shopping plaza was in line with his Administration’s Development Agenda aimed at expanding the vast commercial opportunities that the State offers on account of a fully-revitalised economy.

He attributed government’s huge investment in infrastructure development to its desire to actualise the ‘ease of doing business’ in the State, adding, “this has informed our strategic infrastructural development projects, especially roads and lately, the ongoing Olaiya overhead bridge, which is strategic for boosting commercial activities in Osogbo.”

He said the Administration’s policies and programmes were designed towards securing a better future for the State, hence government’s irrevocable commitment to socioeconomic, commercial and infrastructural developments springing up across the nooks and crannies of the State.

The Governor, who emphasised the administration’s commitment to turning Osun to the choice destination in trade and commerce, said, “Apart from this project of four blocks of 176 lockup shops, which when completed will serve our teeming traders and business people and contribute greatly to the upliftment of the State capital, we will also be building more markets across the State to further empower our market women and men to enable them to contribute effectively to the socioeconomic and commercial activities, thereby, boosting the State’s GDP.”

Oyetola added, “The building of a new market complex has become imperative because the old complex and available facilities have been stretched thin, whereas the pressure to accommodate new traders keeps mounting without corresponding increase in the size and facilities of the current market structure.

“The old market structure clashes daily with the modern order, and more importantly, the security architecture of the market has been called to question.

“Inadequacies in conveniences and flow of transactions as well as instances of fire outbreaks, among others, make it even more imperative to have a new and befitting market.

“In line with the principle of urban renewal, our Administration has proactively taken up the statutory responsibility of government to envision and plan to accommodate both the immediate and future needs of the people.

“We have also thought and planned ahead of the populace, as usual, with a view to bringing improved standard of living to the citizenry.

“I am happy to report that barely three months after we flagged off the reconstruction of the Atakumosa market, which was gutted by fire in 2015 and 2018 respectively, we have completed the first phase of the reconstruction and we will soon be commencing the reconstruction of the second phase.

“Other markets construction that we shall be embarking on soon include Ogbe Market in Ile-Ife, Ifewara market, Orile-Owu market, Olufi-Gbongan market, Araromi-Ede market and Ikirun market. We are deliberately targeting some towns that share the same border with Osun for market construction to attract commerce and trade from neighbouring States. Our desire is to make Osun the choice destination in trade and commerce,” Oyetola said.

Earlier in his remarks, the Managing Director/ Chief Executive Officer of Omoluabi Holdings Limited, Dr. Tunde Faleye, commended the Administration of Governor Oyetola for turning around the socioeconomic, commercial and infrastructural fortunes of the State.

Faleye, who attributed the tremendous achievements recorded by the agency to the unflinching support received from the government, said Governor Oyetola has demonstrated that he understands and appreciates the peculiar needs of an average Osun person.

In his remarks, the Speaker, Osun House of Assembly, Hon. Timothy Owoeye, applauded the Governor for executing human-capital development projects capable of taking Osun to the path of progress and prosperity.

Owoeye who was represented by Hon. Lateef Jayeola, advocated continued support and cooperation for the government in its concerted effort to take the State to the next level.

Speaking, the Commissioner for Finance, Mr. Bola Oyebamiji, extolled the initiative, describing it as a timely and welcome development aimed at rejuvenating the socioeconomic and commercial activities in the State.

In their separate remarks, the Ataoja of Osogbo, Oba Jimoh Olanipekun, and Timi of Ede, Oba Munirudeen Adesola Lawal, lauded the Administration of Governor Oyetola for being committed to raising the bar of governance in the State through the execution of people-oriented policies and programmes.

The occasion had in attendance, Wife of the Governor, Mrs. Kafayat Oyetola; Deputy Governor, Mr. Benedict Alabi; members of the State House of Assembly; members of the State Executive Council; Governor’s aides in various sectors; labour leaders, top government functionaries; traditional rulers; market men; and women, among others.

Gboyega Oyetola Heritageecho.com OSG Osun shopping plaza Osun state government
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
SPLASH001
  • Website

Related Posts

Ido LG Chairman, Sheriff Adeojo Commissions Motorized Borehole, Seeks Support For Makinde’s Re-election

January 19, 2023

A Dozen Reasons Makinde Deserves Second Term In Office: By Moses Alao

January 19, 2023

2023: Makinde May Attend Atiku’s Mega Rally In Ibadan Tomorrow

January 18, 2023

Leave A Reply Cancel Reply

Demo
Our Picks

Remember! Bad Habits That Make a Big Impact on Your Lifestyle

January 13, 2021

The Right Morning Routine Can Keep You Energized & Happy

January 13, 2021

How to Make Perfume Last Longer Than Before

January 13, 2021

Stay off Social Media and Still Keep an Online Social Life

January 13, 2021
  • Facebook
  • Twitter
  • Pinterest
  • Instagram
  • YouTube
  • Vimeo
Don't Miss
News

Ido LG Chairman, Sheriff Adeojo Commissions Motorized Borehole, Seeks Support For Makinde’s Re-election

By Opeyemi RasheedJanuary 19, 20230

Hon. Sheriff Adeojo, the Executive Chairman of Ido Local Government area of Oyo State has…

A Dozen Reasons Makinde Deserves Second Term In Office: By Moses Alao

January 19, 2023

2023: Makinde May Attend Atiku’s Mega Rally In Ibadan Tomorrow

January 18, 2023

Agribusiness: Federal Lawmaker Olumide Ojerinde, Trains, Empower Youths And Women In Modern Cassava Processing

January 18, 2023

Subscribe to Updates

Get the latest creative news from SmartMag about art & design.

About Us
About Us

Your source for the lifestyle news. This demo is crafted specifically to exhibit the use of the theme as a lifestyle site. Visit our main page for more demos.

We're accepting new partnerships right now.

Email Us: info@example.com
Contact: +1-320-0123-451

Our Picks

Remember! Bad Habits That Make a Big Impact on Your Lifestyle

January 13, 2021

The Right Morning Routine Can Keep You Energized & Happy

January 13, 2021

How to Make Perfume Last Longer Than Before

January 13, 2021
New Comments
    Facebook Twitter Instagram YouTube WhatsApp
    • Homepage
    • PRIVACY POLICY
    • ADVERTISE WITH US
    • CONTACT US
    © 2022 - Heritage Echo Newspaper. All Rights Reserved. Design By Splash Arts Contact Us On 08059330901

    Type above and press Enter to search. Press Esc to cancel.